TSX:LSG.DB - Post by User
Comment by
bigdaddycashon Oct 16, 2014 2:36pm
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Post# 23034931
RE:RE:RE:RE:Lakeshore making cash as gold over $1,400.00
RE:RE:RE:RE:Lakeshore making cash as gold over $1,400.001) not only is financial risk due to POG price fluctuation reduced as debt paid down; but
2) debt reduction directly impacts cost/oz all things being equal --> LSGs cost/oz will drop as debt is paid down. pretty easy way to reduce cost/oz IMO without squeezing more out of the ops team.
gltals